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SALT, Tax cut and United States Capitol

The Hill on MSN · 1d

The SALT cap isn’t the problem — high-tax states are

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own tax-and-spend habits.

Lawmakers Near SALT Cap Deal That Could Offer Major Relief to Homeowners in High-Tax States

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in high-cost states.

The Washington Post on MSN · 1d

What Republicans’ new tax bill would mean for state and local tax deductions

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

1d

The SALT deduction: Republicans’ tax break for wealthy blue-staters

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

Institute on Taxation and Economic Policy3dOpinion

States Should Chart Their Own Course on SALT Deductions

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

Florida Realtors2d

House Passes Tax Reform Package, Key Wins for RE

The bill retains the current tax rates while including NAR-supported provisions, including a qualified business income ...

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